Vanguard High Dividend Yield ETF $VYM Position Lessened by Arax Advisory Partners

Arax Advisory Partners trimmed its position in shares of Vanguard High Dividend Yield ETF (NYSEARCA:VYM) by 14.9% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 65,604 shares of the company’s stock after selling 11,448 shares during the period. Arax Advisory Partners’ holdings in Vanguard High Dividend Yield ETF were worth $9,415,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of VYM. Brighton Jones LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 23.3% during the fourth quarter. Brighton Jones LLC now owns 16,836 shares of the company’s stock worth $2,148,000 after acquiring an additional 3,177 shares in the last quarter. AQR Capital Management LLC raised its holdings in shares of Vanguard High Dividend Yield ETF by 314.5% during the first quarter. AQR Capital Management LLC now owns 28,618 shares of the company’s stock worth $3,690,000 after acquiring an additional 21,713 shares in the last quarter. Russell Investments Group Ltd. raised its holdings in shares of Vanguard High Dividend Yield ETF by 245.7% during the second quarter. Russell Investments Group Ltd. now owns 3,519 shares of the company’s stock worth $469,000 after acquiring an additional 2,501 shares in the last quarter. First Trust Advisors LP raised its holdings in shares of Vanguard High Dividend Yield ETF by 42.7% during the second quarter. First Trust Advisors LP now owns 18,568 shares of the company’s stock worth $2,475,000 after acquiring an additional 5,556 shares in the last quarter. Finally, Gamco Investors INC. ET AL purchased a new stake in shares of Vanguard High Dividend Yield ETF during the second quarter worth $1,066,000.

Vanguard High Dividend Yield ETF Price Performance

NYSEARCA VYM opened at $160.33 on Friday. Vanguard High Dividend Yield ETF has a fifty-two week low of $129.11 and a fifty-two week high of $161.29. The stock’s 50-day moving average is $155.81 and its two-hundred day moving average is $151.10. The firm has a market cap of $78.64 billion, a P/E ratio of 17.79 and a beta of 0.73.

About Vanguard High Dividend Yield ETF

Vanguard High Dividend Yield ETF (NYSEARCA: VYM) is an exchange-traded fund designed to track the performance of the FTSE High Dividend Yield Index. The fund seeks to provide exposure to U.S. companies that are forecast to pay above-average dividends, offering investors a diversified way to access income-generating equities.

The ETF primarily invests in large-cap U.S. stocks across a range of sectors, with holdings selected for their dividend characteristics rather than active stock-picking.